https://www.taxtmi.com/caselaws?id=28823 The court clarified that the term "industrial undertaking" under the Wealth Tax Act includes activities like manufacturing or processing of goods but not merely instructing others to manufacture. The court held that direct involvement in the manufacturing process is necessary for an assessee to be considered engaged in manufacturing. Various cases were decided based on whether the assessee was involved in manufacturing or processing activities, with outcomes varying depending on the specific facts of each case. The court rejected a request for remand, emphasizing the assessee's duty to disclose all relevant facts. The tax cases were disposed of without costs. en-us Mon, 24 Jan 1983 00:00:00 +0530 Fri, 26 Feb 2010 11:37:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28823 The court clarified that the term "industrial undertaking" under the Wealth Tax Act includes activities like manufacturing or processing of goods but not merely instructing others to manufacture. The court held that direct involvement in the manufacturing process is necessary for an assessee to be considered engaged in manufacturing. Various cases were decided based on whether the assessee was involved in manufacturing or processing activities, with outcomes varying depending on the specific facts of each case. The court rejected a request for remand, emphasizing the assessee's duty to disclose all relevant facts. The tax cases were disposed of without costs. Case-Laws Wealth-tax Mon, 24 Jan 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28823